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Ares Provides $100MM Revolver to Support Rawlings Sporting Goods Acquisition of Easton Diamond Sports

March 01, 2021, 08:07 AM
Filed Under: Sporting Goods

Ares Commercial Finance provided a $100 million senior secured revolving line of credit to support the acquisition of Easton Diamond Sports, LLC (“Easton”) by Rawlings Sporting Goods, Inc. (“Rawlings”), a portfolio company of Seidler Equity Partners.

Rawlings and Easton are leading global brands and manufacturers of premium baseball and softball equipment, including bats, gloves, balls, and protective gear. The transaction creates a market leader across baseball equipment product categories with exclusive relationships at the professional and amateur levels, strengthens the Rawlings and Easton brands, enhances product innovation, and enables investments to grow the game.

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